What Act Was Passed in 2002 in Response to the Rogue

question 37

Short Answer

What act was passed in 2002 in response to the rogue accounting activities of major global corporations such as Enron, Worldcom and their accounting firm Arthur Andersen?

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Definitions:

Inductive Reasoning

The process of making generalized conclusions based on specific observations or facts.

Listening

The act of giving one's attention to sound or someone speaking, often leading to understanding.

Bloom's Taxonomy

A classification system for learning objectives that educators use to design curriculum, instruction, and assessment, ranging from basic knowledge to higher levels of thinking.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.